Investors have become wary of the equity market as concerns over the Eurozone’s financial crisis and a slowdown in the global economy has dampened the “risk-on” sentiment.
“In the current and extended low-yield environment, we believe that ETPs are attracting huge interest from investors who are eager to seek yield, manage their costs and generally have more control over their fixed income investments,” Kevin Feldman, a managing director BlackRock (NYSE: BLK), said in a Forbes article. [S&P Sees ETFs taking Market Share from Mutual Funds]
For more information on ETF flows, visit our ETF performance reports category.
Max Chen contributed to this article.